Mega Millions Lotto Draw
The US has many lotto draws and many states have their own lotto draw but among them are two multi-state lotto draws, the Powerball and Mega Millions Lotto draw. The Mega Millions Lotto draw is fast becoming America’s ‘National Lottery’, especially now that a relaxation is laws has allowed this popular lotto draw to be played in even more US states.
Launched in 1996 as a Friday lotto draw, the ‘Big Game’ as the it was then known, quickly went from strength to strength. Within two years a Tuesday draw was added and the game that's now so familiar with American lottery players was born.
Just like the Powerball Lottery, some states offer a Powerplay option on the Mega Millions Lotto draw where you can multiply your winnings (excluding the jackpot). However, all Mega Millions lottery winnings are subject to taxes and Mega Millions Lotto draw players must also decide between a lump sum payout or a twenty-five year annuity option.
During the Mega Millions lotto draw, lottery balls are drawn from two separate ball pools. Five main MegaMillions balls between 1 and 56 are first drawn and then one ‘Mega Ball’ from 1 to 46. To win the Mega Millions Lotto jackpot you must match all five main balls and the Mega Ball. In the event of more than one lottery player matching all the winning numbers and the Mega Ball in the MegaMillions Lotto draw, the jackpot is shared equally between all winning lottery players.
Odds of winning the Mega Millions Lotto jackpot are 1 in 175 million, a figure made so high by the dual number pools. There are also smaller division winners every week from Mega Millions making overall odds of winning a prize just 1 in 40.
Notable jackpots on the Mega Millions Lotto draw have been numerable, the lotto draw regularly sees jackpots in the hundreds of millions. The largest lotto jackpot won in the Mega Millions Lotto draw is an impressive $656 million which was shared by three lottery players in 2012. The largest single winner on the Mega Millions Lotto draw was won in November 2005 and was worth a staggering $315 million, which is all the more reason to buy Mega Millions lottery tickets now because if you don't play, you'll never win!.
Page Last Updated: 18/06/2013 21:35:20
